Credit cards are a must-have. They help you to manage your finances in a better way. Choosing the right credit card based on your needs is an important decision. We have listed down the best credit cards of 2020 to simplify your task.

Chase Sapphire Preferred Credit Card
This card was once awarded the title of the Best Travel Credit Card. It offers a bonus and easy-redeem travel rewards. It carries no foreign transaction fees. When you spend $4,000 in the initial three months, you earn 60,000 bonus points. This means you get a credit of $750 while booking your travel through Chase Ultimate Rewards. Besides, you also earn twice the points when traveling and dining across the globe.

BankAmericard Credit Card
One of the best credit cards of 2020, this card comes with no annual fee. It also comes with a zero percent intro Annual Percentage Rate (APR) for 15 purchase billing cycles. For the first 60 days, the intro balance transfer fee is also nil. Post that, it is three percent. There is no penalty APR. This means that if you pay late, your APR would still be unaffected.

Discover it – Cashback Match
This card offers a cashback match to new members for the first year. It comes with no annual fee. With this card, each quarter, you earn five percent cash back at varied places like restaurants, Amazon, grocery stores, and gas stations, among others. On all other purchases, you automatically get a one percent unlimited cashback. You may redeem the cash back at any time while the rewards do not come with an expiry.

Amex EveryDay Credit Card
This is one of the best credit cards of 2020 as it does not charge any transfer fee for the first 60 days. It also comes with no annual fee. American Express cards are widely accepted all across the country and the acceptance is increasing rapidly. It has a low APR, which is at zero percent for the initial 15 months. In the first three months, when you make purchases of $1,000, you earn 10,000 Membership Rewards.

Capital One Quicksilver Cash Rewards Credit Card
This Capital One Quicksilver Cash Rewards Credit Card comes with exciting cashback offers. It gives you a cash bonus of $150 when you purchase worth $500 in the first three months. You also get to earn unlimited cashback of 1.5 percent on daily purchases. This cashback has no limit as well as expiry. It is one of the best credit cards of 2020 as it charges no annual and foreign transaction fees. Apart from this, there are no rotating categories or signups required to earn cash rewards.

Depending on your spending needs, pick the best credit card for yourself and enjoy multiple associated benefits.

A credit card is an important financial tool. Living life without a credit card is difficult in today’s time. If used wisely, credit cards can prove to be a boon for you. However, before finalizing on a credit card, it is of utmost importance for you to know to analyze the rewards, benefits, and spending limit offered by various credit card companies in the country. A proper analysis will give you a clear picture about which credit card you should opt for.

Best credit cards of 2020
Choosing the right credit card could sometimes be tricky and cumbersome. In order to help you do the same, we have compiled a list of the best credit cards of 2020 as listed below:

HSBC Cash Rewards
HSBC Cash Rewards is touted as one of the best credit cards of 2020 for various reasons. Offered by MasterCard, this credit card offers a plethora of benefits. This card offers the benefit of zero transaction fees on foreign transactions and annual fees. It also offers cash rewards of 1.5% on every $1 spent during the intro period. Also gives you a chance to earn 3% cash back for all purchases in the first twelve months , upto a maximum total expenditure of $10,000.

Chase Freedom Unlimited
With a Chase Freedom Unlimited Credit Card, you could earn automated cash back of 1.5% on every purchase along with zero annual fee. You would also be provided the benefit of zero percentage annual percentage rate for a period of 15 months from the date of account opening on balance transfers and purchases. In this card, the cash back rewards do not expire until the period your account is open. Lastly, you are eligible to earn a bonus of $200 after purchasing products worth $500 on this credit card within the first three months from the account opening date.

Apart from the aforementioned credit cards, you can even check out other options as per your suitability, and then take a decision on which is the best credit card of 2020 according to you.

Reward credit cards with no annual fee can be a great pick for all kinds of individuals. This type of card is especially ideal for applicants who are looking for limited but fantastic rewards without bearing the brunt of the yearly charges. You can easily switch from your current credit card issuer to this kind of card. But before doing so, there are certain factors you should be mindful of.

• Pick a type No annual fee reward credit cards come in various types, primarily for travel, cash back, balance transfer and gas bonuses. Selecting the right card will help you make the most of your points and offers. For instance, if you are a frequent flier then a travel reward credit card offering airplane miles will prove to be lucrative.
• Save your points While you are switching to a no annual fee credit card, understand how your points from the existing card will be affected. The earned points will remain untouched if you are just shifting to a no annual fee variant from the same company. On the other hand, if you are seeking the financial services of entirely different brands then chances are you might lose your points. However, the bonuses that you have received from a co-branded credit card will remain in your membership account.
• Understand your eligibility You might not be eligible to switch to a no annual fee rewards credit card if you haven’t maintained the existing card for about a year. There might be other criteria, but this factor can vary across all credit card issuers.
• Maintain your credit score Ensure that you switch to a no annual fee rewards credit card, instead of canceling your present credit card and getting a new one as it can negatively influence your credit score. This is especially crucial if you are trying to improve your financial profile for future loan applications.

Six popular no annual fee rewards credit cards of 2017

• Chase Freedom Unlimited Card
• Bank of America Travel Rewards Credit Card
• Capital One VentureOne Rewards Credit Card
• The Amex EveryDay Credit Card from American Express Highlights
• Citi Double Cash Card
• Bank of America Cash Rewards Credit Card

Before shortlisting reward credit cards with no annual fee, ensure that you scrutinize their services, offers, and fine print. Also, don’t get captivated with promotional deals only, contemplate about how it fits your monetary habits in the long run and make the best pick.

Currently, reward credit cards are one of the most talked about financial products in the market. The best part is that they are specifically tailored for purposes like travel, balance transfer, gas rewards and cashback. But having a rewards credit card also means incurring an annual fee. These can range anywhere from $25 to $2500. However, numerous credit card companies have come up with no annual fee reward credit cards which waivers the charges for the first year.

A reward credit card with no annual fee might give you limited benefits, but it can still be a smart choice as it allows you to experiment without worrying about the year-end expense. The following are some incredible advantages of using a no annual fee reward credit card.

• Sign-up bonuses Not just for the usual reward credit cards, the no annual fee variants too have fantastic deals which offer new users with sign-up points and fabulous deals.
• Services Even with no annual fee, there are several reward credit cards which facilitate services such as purchase security, exclusive concierge service, fraud protection, return on eligible products, special money tools, travel insurance, free memberships in online retail stores, access to FICO scores, etc.
• Rewards The rewards offered by such cards might be relatively limited as compared to cards levying annual fees. But you can earn points worth hundreds of dollars annually. These points can be utilized to redeem tickets, products, vouchers, etc. You can also use this type of card to supplement an existing card to receive better bonuses or returns.
• Credit score These cards can be an excellent way to improve your credit score as you don’t have to pay up an annual fee. Within this year, you can exploit this card to make responsible purchases and strengthen your repayment capabilities. It can help if you are planning to apply for a loan anytime soon.

It is important to note that all reward credit cards with no annual fee will have a diverse combination of incentives. Therefore, before getting one, ensure that you compare these financial products thoroughly. You can find various comparison tools for credit cards online which scrutinize sign-up bonuses, interest rates, purchase points, limited offers, and terms.

At the moment some of the popular no annual fee reward credit cards are Chase Freedom, Fidelity Rewards Visa Signature Card, Hilton Honors Card from American Express, JetBlue Card, Discover it, Bank of America Travel Rewards Credit Card, etc.

Instant approval credit card is a form of credit card you can get without having to go through the fuss of waiting to apply for one at your bank.
In the case of instant approval credit cards, the applicant can apply for a credit card and get notifications about approval or denial through email. You can find out if you have qualified for the card right after you fill out the online application form. To make sure that you get approved for the credit card, you need to have good credit history and a proper credit card usage pattern.
Here are a few instant approval credit cards to consider.

1. Fingerhut Credit Account
When you accept credit cards from Fingerhut, you can shop for more than 700,000 items from well-known brands including Dewalt, KitchenAid and Samsung. The application process is fast and straightforward with an easy disbursal process.

2. Pink NetSpend Visa Prepaid Card
With a direct deposit on this card, you can get government benefits and paychecks 2 days faster. Another important benefit is that you can also sign up for NetSpend Payback Rewards to earn back cash. Since this card doesn’t operate like a true credit card, there is no credit card debt or late fees.

3. Freedom Gold Card
With this instant approval credit card, there is no credit check or employment check. You simply have to apply online and receive a guaranteed approval.

4. Next Millennium
If you are looking for cards that will allow you to purchase now and pay later, then Next Millennium is the card for you. There is no credit checks and no credit turndowns.

5. OpenSky Secured Visa Credit Card
For this instant approval credit card, there is no need for a credit check for the application. The operator believes in offering the opportunity to everyone alike. The refundable deposit which you give at the time of approval finally becomes the credit line limit on the Visa card.

6. 24K Prepaid Visa RushCard
For availing the benefits of this card, you can enroll in Direct Deposit and get the rewards up to 48 hours early. You will also get real-time transaction alerts so that you can track your activities better.

7. Horizon Gold Card
This is one of the best instant approval credit cards offering $500 initial credit line with 0 percent APR. It offers unsecured credit limit and fast online approval.

8. CityScape ACE Elite Visa Prepaid Debit Card
If you are in dire need of money, this is the instant approval credit card for you. You can get checks up to two days earlier with this card. The qualifying Direct Deposit allows you to make no-cash transactions up to $300 a day at ACE locations.

9. Primor Secured Visa Gold Card
This card offers a low fixed interest rate of 9.99% on any purchases. You will have guaranteed approval as long as your income exceeds the expense by $100 or more.
10. UNITY Visa Secured Credit Card
Quite contrary to other prepaid cards, the UNITY Visa Secured Credit can aid in building your credit. You can start at any point as long as you have a minimum balance of $250.

Sometimes, you may need money fast for an emergency situation. That’s where credit cards can help. However, there is a stringent application process. Eligibility criteria decide if you even qualify for a certain credit card.
Here is a list of the top ten companies that offer an instant approval credit card. These are extremely rewarding and easy to obtain.

1. Barclay CashForward World MasterCard
With this card, you can get $200 rewards after you spend $1000 within three months of opening the account. You also earn 1.5 percent cash rewards every time you buy anything with this card. Also redeeming the card will fetch you 5 percent redemption of rewards which can be used in the next redemption.

2. Capital One VentureOne Rewards Credit Card
When you accept credit cards of this type, you can earn a one-time reward of 20,000 miles on air after completing purchases worth $1000 within 90 days of approval. You will not have to pay any annual fee and 0 percent APR for the first year.

3. Discover It Cashback Match
Are you looking for an instant approval credit card that can double your rewards? This is the credit card which will turn $200 into $400. You would be rewarded with a dollar for each dollar you spend when a period of a year comes to an end.

4. Blue Cash Everyday Card from American Express
If you could apply for this instant approval credit card by 3rd May, you can earn cashback of up to 10 percent by swiping the card at any restaurant in the USA for the first 6 months. Also, you can earn $100 cash back by spending $1000 within the first 90 days.

5. Barclay Ring MasterCard
The best advantage of this card is that you will not have to pay a single dollar for the first 15 months of purchase. Also, you will get different types of rewards during this period after which the APR would be somewhere around 13.74 percent.

6. Capital One Quicksilver Cash Rewards Credit Card
When every other credit cards are paying $100 reward for spending $1000, you can get the same benefit by spending only $500 with this credit card. Also, you can earn unlimited 1.5 percent cash back for every single purchase.

7. Chase Freedom Unlimited
You will be automatically redirected to earning 1.5 percent cash back rewards on every single purchase. Also, you will get $150 bonus on the completion of $500 within 90 days of approval.

8. Susan G. Komen Credit Card
This instant approval credit card is promoted by Bank of America and they are offering $3 million in association with the Pink Ribbon Credit card program to all its users until December 2020. Also, you will get $100 online cash rewards bonus once you complete spending $500 within 90 days of approval.

9. Bank of America Credit Card
You should consider this card for its 0 percent introductory APR till the completion of 18 cycles for balance transfers within the first 2 months.

10. Bank of America Travel Rewards Credit Card
Get unlimited access to 1.5 points for each dollar you spend on purchasing. Also, there are no foreign transaction or annual fee; your earned points would never expire. You will be also rewarded with 20,000 online bonus points if you can make $1000 in your purchases within the first 3 months.
If you’re looking for a good credit card, these are the first options you should consider.

You don’t have to actually visit a bank to apply for a credit card. Need a cash back card or a travel rewards card, you can easily apply for it online. The information that you provide in the online application is verified against your credit score. Banks and credit card issuing companies have stringent requirements. Once you clear these, only then will they approve your card application.
Your credit score is gathered and your spending history is scrutinized. A high credit score (690 to 720) is an indicator, that you have the habit of settling your dues on time. This can be helpful when you are trying to get a new credit card. Plus, if you require any additional credit limit, a good credit history will always come to your rescue. So, the first step to ensure that your online card application goes through is by having a good credit score. If low, implement measures to improve your credit score.

Improving your credit score
Credit score can’t be increased overnight. It takes a good deal of time to change it to a positive value. Your application for a new credit card might have been rejected due to an unsatisfactory credit rating. You will need to put in a great deal of effort to ensure that you push up your score.
To do this, ensure that you pay all your bills on time. It can be your existing credit card bills, utility bills or any other debt. If you make sure that all payments are made on the due date. As your outstanding debts reduce, your credit score will improve. Also, do not make the mistake of withdrawing money from the card, if the bill is heavy. It’s best not to use your card till you settle your previous bills. Once the score displays an ascending trend, you will find it easy to gain approval with enhanced credit limits.

How to enroll for online credit card account?
Signing up is a one time, simple process. All you need is to provide your social security number and your bank account number. With a unique user ID and password you can access your credit card account online. You can choose to go paperless and have online credit card statements delivered to you. Plus, you can access transaction information, view and redeem your rewards, set customized account alerts and make payments anytime.
Credit cards are being used extensively. In fact, the economy has transitioned into a cashless economy. Banks and credit unions are moving the online way, and applying for credit cards online simplifies the process. If you are planning to apply for a new credit card, do it online and reap the rewards that come with swiping cards.